ATA (ATAI) Trading 12.8% Higher

ATA Inc. (NASDAQ:ATAI) traded up 12.8% during mid-day trading on Monday . The stock traded as high as $2.41 and last traded at $2.65. 12,880 shares changed hands during trading, a decline of 99% from the average session volume of 1,201,372 shares. The stock had previously closed at $2.35.

ATA (NASDAQ:ATAI) last announced its quarterly earnings results on Monday, May 13th. The company reported ($0.10) earnings per share (EPS) for the quarter. The firm had revenue of $0.24 million for the quarter. ATA had a net margin of 52,906.01% and a negative return on equity of 61.27%.

An institutional investor recently raised its position in ATA stock. Renaissance Technologies LLC grew its position in shares of ATA Inc. (NASDAQ:ATAI) by 973.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 322,999 shares of the company’s stock after buying an additional 292,899 shares during the quarter. Renaissance Technologies LLC owned approximately 1.33% of ATA worth $339,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 1.51% of the company’s stock.

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ATA Company Profile (NASDAQ:ATAI)

ATA Inc, through its subsidiaries, provides computer-based testing services in the People's Republic of China. The company offers services for the creation and delivery of computer-based tests utilizing its test delivery platform and proprietary testing technologies that are used for professional licensure and certification tests in various industries, including IT services, banking, teaching, and insurance; and administrative services, such as test registration, scheduling, fee collection, and certification fulfillment.

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